Business Major

“Today, companies are doing business anywhere and everywhere and in real time...For today’s graduates, it is more important than ever that they get a global education...it is crucial for our students to gain a global perspective...employers that we talk to want the students to have that perspective.”

- "Comments from the Dean," written by William C. Hunter, Dean of the Henry B. Tippie College of Business, and published in Business at Iowa, Winter 2007-2008

international business

As the business environment becomes increasingly global, study abroad is an excellent way to add perspective to your business education. Currently, both customers and businesses are expanding into a global and international environment, and there is much to be gained from understanding how different cultural values, political and legal systems, and economic conditions shape a country’s economy and financial decisions, affect market entry strategies and marketing mix decisions, and generate a unique business culture and organizational structure.  Study abroad is one very exciting way to begin to discover new approaches to the study of business while enhancing your professional and personal skills.

From short-term, faculty-led programs to full-year enrollment at a foreign university, there are plenty of opportunities to complete prerequisites, fulfill business core requirements, earn major credit, take General Education classes, or explore electives. Other possibilities include language study or undertaking an international internship in a foreign organization. Whatever you do, you will gain insight into the ways that different cultures and legal systems impact the way business is conducted around the world.

Download a copy of the complete Business Major Adviser Page here.

Last year more than 130 students from the College of Business participated in international experiences in countries including Mexico, Costa Rica, Australia, India, Poland, Italy, Ireland, Spain, Japan, and China.

  • "A World of Possibilities" Business at Iowa Winter 2007-2008

Freshmen

Your initial year at the UI might be best spent taking business prerequisites, beginning a language, or working on General Education Program requirements.  Also, the transition from high school to college is a big one.  Study abroad is best left for a little later, but as early as the summer between your first and second years.

Sophomores

This is an excellent time to continue with General Education Program requirements overseas, begin or continue with a second language, finish up Business prerequisites, and/or work on Business Core Requirements.

Juniors

If you go abroad during your junior year, you will probably concentrate on major requirements and electives.

Seniors

This is a good time to finish up any remaining major courses or required electives.

Summertime

Summertime is always a good opportunity to take 1 or 2 classes in your major, minor, or certificate program, or as electives. International internships are also available in the summer.

And...

"Involvement in these types of trips and activities may spark an undergraduate’s interest in earning an International Business Certificate, which provides business and liberal arts students with the opportunity to add an international dimension to their degrees... Students will find that their global education does not end once they earn a degree.  Many companies are developing in-house programming to further educate employees."

  • "A World of Possibilities"Business at Iowa Winter 2007-2008

“When someone in the College talks about the importance of getting ‘real-world’ experience, the term can mean more than simply stepping outside the walls of the Pappajohn Business Building.  It means exploring new locations and languages and learning the nuances of cultures as well as the business basics of foreign markets and international relations."

  • “A World of Possibilities” Business at Iowa Winter 2007-2008

Selecting Courses

General Education and Electives

Most study abroad locations offer course work that will count towards Natural Sciences, Historical Perspectives, Global and Cultural Studies, Humanities, and/or Social Sciences General Education Program requirements.  GEP courses taken overseas can be approved by Study Abroad.  Think about saving some of these requirements for an abroad program.

Prerequisites for Admission to the College of Business

All prerequisite courses may be taken on selected study abroad programs.  The Undergraduate Program Office must review and approve the course you propose to take before the overseas class can substitute for the UI course.  Introduction to Financial Accounting and Principles of Macroeconomics are usually more difficult to find and transfer from abroad.


Avery Bang

Business Core Requirements

Many business core courses can be taken at foreign universities.  Again, the UPO must examine and approve the overseas course you propose to substitute for the on-campus one before the requirement can be met.

A few things to keep in mind: Computer Analysis (6K:070), Foundations of Business (6B:100), and Introduction to Management (6J:048) may be difficult to find and transfer from abroad.  Also, while Statistics for Strategy (6E:071) is often available, it may be an intensive course to take during your study abroad experience. 

Business Major Requirements and Electives

Some required courses for all majors can be taken abroad.  All the departments usually apply stringent criteria towards the approval of study abroad course work that will substitute for on-campus requirements.  Departments also require that two-thirds of your required courses and required electives be completed in residence at the University of Iowa or on study abroad programs offering resident credit.  Learn about these policies in the department and discuss your plans with your academic advisor.

Many of the required electives can be taken abroad with prior approval by Tippie College of Business.  These courses in conjunction with the required courses are subject to the two-thirds residency requirement mentioned above.

Earning Credit

UPO Study Abroad Equivalencies Database

The UPO Study Abroad Equivalencies Database lists classes at universities around the world that have already been evaluated for UI Tippie College credit. You can search by location or by UI course number. Using this database will help you determine which locations/universities might be appropriate places for you to study, but two words of caution are in order.

First, not every class offered at foreign universities has been evaluated yet, only those already taken by UI students who have studied abroad. If you spot a class offered at a foreign university that is not already included in the UPO Study Abroad Equivalencies Database, you can ask to have it evaluated for transfer credit.

Secondly, if a class you are interested in taking is pre-approved in the database, you must check the foreign university’s web site to determine whether or not the class will be offered during the time you propose to study abroad. If you need help with this, visit with an advisor in the Study Abroad office.

The Tippie College of Business has set up the UPO Study Abroad Equivalencies Database to help Business majors find transferable courses abroad. It lists classes at universities around the world that have already been evaluated for UI Tippie College credit.  You can search by location or by UI course number. 

Using this database will help you determine which locations/universities might be appropriate places for you to study, but two words of caution are in order.  First, not every class offered at foreign universities has been evaluated yet, only those already taken by UI students who have studied abroad.  If you spot a class offered at a foreign university that is not already included in the UPO Study Abroad Equivalencies Database, you can ask to have it evaluated for transfer credit. 

If a class you are interested in taking is pre-approved in the database, you must check the foreign university’s web site to determine whether or not the class will be offered during the time you propose to study abroad. 

If you need help with this, visit with an advisor in the Study Abroad office.

To succeed in an increasingly diverse and interdependent business environment, business and community leaders must possess cultural competencies. Tippie College of Business students are encouraged to develop multicultural skills through study abroad and advanced foreign language study. Consider the possibility of studying marketing in Thailand, or economics and development issues in Ghana.  Studying overseas lets you take classes you would probably never be able to take here at home, and you may gain perspectives unimagined in the U.S. classroom.

“On any given day last year, Tippie College of Business students were managing accounts in a London advertising agency, meeting with corporate executives in Greece, or immersing themselves in the emerging markets of mainland China.”

  • "A World of Possibilities” Business at Iowa Winter

The University of Iowa administers a large number of study abroad programs, and programs offered by other U.S. colleges and universities are also available to University of Iowa students. The Tippie College of Business has worked closely with Study Abroad to suggest some programs that fit different Business majors/minors particularly well.  These programs may include General Education options, prerequisites for admission to the Tippie College of Business, business core requirements, major requirements, business electives, and intensive foreign language study.  Consider your academic needs and your academic goals at the time you wish to study abroad. Use this information sheet, talk with your academic advisor, work with an advisor in the Study Abroad office. You’ll find a program that fits your goals.

The programs listed below were chosen because they offer a broad palate of issues in different business areas, strong basic Business courses, unique cultural experiences, or specialized internship options. While we suggest you look at these highlighted programs first, feel free to browse the programs section of the Study Abroad website, explore an online directory of study abroad programs, and consult materials in the Study Abroad Resource Room.

Tippie College Programs

Semester and Year-Long Programs

Austria

Vienna University Business Exchange
UI students are able to take advantage of exceptional instruction in the field of business and commerce at the Vienna University of Economics and Business Administration (Wirtschaftsuniversität Wien - WU). The WU offers a wide range of Courses in English to students with little or no knowledge of German. Alternatively, for those with a command of the German language, WU offers more than 2000 courses.

France

HEC Business Exchange
The University of Iowa's Tippie College of Business offers an exchange agreement with HEC School of Management that provides UI Business Honors (or Honors-eligible) juniors and seniors an excellent opportunity to spend one semester at one of France's top Business education institutions.

The Amiens Sup de Co Business Exchange
A semester or year study in France’s network of prestigious Business schools is available through a reciprocal exchange program with the École Supérieure de Commerce in Amiens, in northern France. Ideal for students in Marketing or the International Business Certificate. Open to MBA students.

Germany

UI College of Business-Frankfurt Exchange

The University of Iowa and Johann Wolfgang Goethe Universität have established a reciprocal exchange program which allows undergraduate students to study for an academic year or the spring semester in Frankfurt, Germany. The exchange program is particularly suitable for business students and for German majors pursuing a Certificate in International Business.

Greece

American College of Thessaloniki
The American College of Thessaloniki (ACT) is an independent, not-for-profit, U.S. accredited liberal arts college offering a number of academic disciplines, including Business Administration, Greek Civilization, English Literature, History and International Relations, and Psychology.

Hungary

Corvinus University Exchange
Coursework in English through the International Studies Center of the Budapest University of Economic Sciences and Public Administration in Budapest, Hungary, with the opportunity for intensive study of the Hungarian language. The International Studies Center features concentrations in international economics and business administration. Corvinus University is one of the leading centers of business studies in central Europe.

Netherlands

Tilburg University Business Exchange
The exchange between the UI and Tilburg University in the Netherlands offers English-language courses in business administration (accounting, applied microeconomics, finance, production management, international marketing, and electronic commerce) as well as other subjects. The exchange is suitable for upper-level business majors and students pursuing an International Business Certificate.

Summer and Short-Term Programs

Undergraduate Business Program in London
December-January
Students may study international business in London during this 15-day program offered during December/January intersession. The course is taught by a Tippie College of Business Faculty member and is worth 3 s.h. Class varies from session to session; check with UPO adviser to determine how credit applies to major, elective, or IBC.

London Summer Internship Program
Early June - Late July
Students interested in gaining professional experience abroad may wish to consider this eight-week summer program in London. Internships are available in virtually all professional fields: private sector businesses, law, professional associations, NGO’s, schools, hospitals, political parties, policy think tanks and lobby groups, and many other areas. All internships are non-paid. Students will receive 6 s.h. of UI credit.

Paris Summer Internship Program
Late May - Late July
Students interested in gaining professional experience in a business setting while practicing language skills may wish to consider this eight-week program in Paris. Internships are available in many fields including business, finance, economics, television, film, journalism, arts, culture, health care, education, advertising, marketing, and PR. All internships are non-paid. Students will receive 6 s.h. of UI credit.

Madrid Summer Internship Program
Early June - Early August
Students interested in gaining professional experience in a business setting while practicing language skills may wish to consider this nine-and-one-half week program in Madrid. Intern placements are available in many fields and placements are determined by your interest, prior experience, and language skills. All internships are unpaid. Fifth semester proficiency in Spanish is required. Students will receive 6 s.h. of UI credit.

Hong Kong Internship Program
Early June - Early August
Students interested in gaining professional experience in a business setting while practicing language skills may wish to consider this eight-week program in Hong Kong. Intern placements are available in many fields including finance, marketing, PR, advertising, publishing, among other industries. All internships are unpaid. Students will receive 6 s.h. of UI credit.

Dublin Summer Internship Program
Mid June - Early August
Students interested in gaining professional experience in a business setting while practicing language skills may wish to consider this eight-week program in Dublin. Students will receive 6 s.h. of UI credit.
 

General Study Abroad Programs Offering Business Courses

Australia

Iowa Regents Semester in Australia
Direct enrollment at University of Newcastle. The Faculty (college) of Business & Law offers courses in accounting, economics, finance, information technology, management and marketing.  Fall or spring semester options.

Denmark

USAC Direct Denmark
Semester options at the Copenhagen Business School, offering business and economics classes applicable towards core degree requirements, along with a complement of other courses with an international scope. Courses are taught in English and are attended by local Danish students and other international students. A voluntary crash course in Danish is available. Visit USAC's website for more information. 

Ireland

Iowa Regents Semester in Cork
Direct enrollment at University College, Cork. Students are eligible to take courses in almost all departments, but of especial interest will be Accounting, Economics, Finance, Financial Mathematics, Management & Marketing, and MIS. Fall or spring semester options. 3.0 GPA and sophomore standing required.

Italy

USAC Business, Architecture and Italian Studies in Turin
Italian Studies Program, Turin, Italy: Offered as fall or spring semester, an academic year, as well as an intensive summer session at the University of Turin's Scuola di Amministrazione Aziendale, this program's curriculum is designed to address core degree requirements while providing a complement of courses with an international dimension.

Russia

ACTR Business Russian Language and Internship Program
A new development from the long-standing American Teachers of Russian programs in Moscow and St. Petersburg, this option combines a specially designed curriculum for Business Russian and a 20-hour per week internship with a U.S. or Russian business in Moscow or St. Petersburg. The program is open to graduate students and advanced undergraduates who have completed three years of college-level Russian with an Intermediate-High proficiency level. A telephone interview may be required to verify language level. Application forms are available from either the Russian Department, 679 Phillips Hall, or from the Study Abroad office, (if the latter, call 335-0353 to schedule an appointment with advisor Maria Hope.)

Spain

CIEE Business and Society Program in Seville
This fall or spring semester program offers juniors and seniors an opportunity to examine Spanish Business management and economics in their political and socio-cultural context. The academic program combines business, economics and language coursework with visits to local businesses and industries. Informal internships are an option for participants with the requisite language proficiency and relevant skills.

USAC International Business, Spanish, and Cultural Studies in Bilbao
The USAC program in Bilbao offers courses at every level of Spanish language study. Alternatively, students can take less language and choose from several business courses taught in English to fill out their semester. Business electives have included: Business Strategy, Corporate Finance, Economic and Political Institutions of the European Union, Global Economics, International Management, and Marketing Principles. Internship placements at libraries, small businesses, schools or service organizations can be arranged for students with an advanced language level in Bilbao. These practicas are un-paid, but convey elective academic credit.

United Kingdom

Iowa Regents Semester in Scotland
This semester or academic year program offers undergraduates the opportunity to enroll in a wide range of courses in a variety of disciplines at the University of Edinburgh, one of the finest universities in the United Kingdom in one of Europe's most exciting cultural centers. Students are fully integrated academically and socially with their Scottish peers.

The University of Edinburgh is a venerable institution -- founded in the 1850s -- and has forged a special position in academia. Its national and international reputation is excellent, and it has a large, diverse, and multinational student body. It is Scotland's leading research university and is ranked 5th overall out of 115 U.K. institutions.

Iowa Regents Semester in Wales
Direct enrollment at University Wales-Swansea. The European Business Management School offers a wide variety of courses with direct applicability toward UI Business majors and the International Business Certificate.

International Student Exchange Program (ISEP)

A membership organization of more than 200 institutions of higher education around the world, including the University of Iowa, that are committed to international exchange. ISEP is designed for independent, self-motivated students who are prepared to enroll directly in regular courses at an institution abroad. Because ISEP is based on the reciprocal exchange of benefits, each participant pays little more than they ordinarily do to study at the University of Iowa.

To participate in ISEP, students must have a minimum GPA of 2.75 and an appropriate level of foreign language proficiency if studying in a non-English-speaking country. Some ISEP sites are highly competitive. Search through ISEP's programs for opportunities in English and the language of the host country.